Now we know why The Citi Never Sleeps: they are busy censoring their customers. If you are a Citibank customer and they dislike your blog, you may just get in trouble. (Disclosure: I do have a Citi account… so am taking a risk by writing this post.)

That’s just what happened to fabulis, a social network for gay men. Someone at Citi read their blog, decided that “content was not in compliance with Citibank’s standard policies” and froze their business account without advance warning. Fabulis Founder Jason Goldberg says:

for the life of us we can’t find anything “objectionable” on our blog besides some good humor, some business insights, and some touching coming out stories from some great and fabulis gay people.

Some speculate it’s images like that of this underwear with fabulis printed on it. If you ask me, these are not the most fabulis [sic] briefs, but who cares?

In fact it really doesn’t matter whether the fabulis blog has any “objectionable” material or not. Since when is it the business of a bank to read and censor their Client’s writing?

I’m pinching myself, thinking it’s a bad dream. But it’s not. This happened in the United Sates in 2010.

Something tells me within hours as management wakes up, Citi will be bending over backwards to dig themselves out of this huge PR nighmare – the damage is done, repairs will be costly.